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Thomas asks…

Value investing/stock market blogs?

Hi so my dad is interested in value investing, value investors and basically the stock market in general and has recently expressed a desire to communicate with others over the internet who are also interested in this. My question is where is the best place to do this, he just made a twitter account so he can talk to his favorite bloomburg radio host, but im afraid twitters to complicated for him ( were talking he still does two finger touch type, and can barely check his email without my help, but i have hope) and lacks much communication. So im thinking maybe tumblr, and he can follow blogs with similar interests as him, but looking for suggestions!!

scottparat answers:

I would suggest: http://dividendsvalue.com/

for your Dad.

Donald asks…

Value investing/ stock market blogs?

Hi so my dad is interested in value investing, value investors and basically the stock market in general and has recently expressed a desire to communicate with others over the internet who are also interested in this. My question is where is the best place to do this, he just made a twitter account so he can talk to his favorite bloomburg radio host, but im afraid twitters to complicated for him ( were talking he still does two finger touch type, and can barely check his email without my help, but i have hope) and lacks much communication. So im thinking maybe tumblr, and he can follow blogs with similar interests as him, but looking for suggestions!!

scottparat answers:

My opinion is that he subscribe to the Wall Street Journal, Bloomberg, Kiplinger, or any of the other financial reviews available online. The best thing he can do is become informed about the market, types of investment options, and the risk associated with each option. Investing decisions are very, very important, and the more information he has the better he’ll do.

If I can offer and advice it’d be the following: buy and hold. The stock market is too vulnerable to expect consistent, short-term gains. Think 5-10 years out, or more. Statistics show that the more one trades, the less likely that person is to beat the market’s average rate of return in the in the long term.

The economy’s still not very strong now, but if he’s committed to entering the market, beware! There is potential to make money, but there’s potential to lose a lot, too.

Step 1: Consistently check the following websites for relevant financial information, and become informed:

http://online.wsj.com/home-page

http://www.bloomberg.com/

http://www.kiplinger.com/

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